Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds @ $4.00 per pound) Direct labor (1.9 hours @ $11.00 per hour) Overhead (1.9 hours @ $18.50 per hour) Standard cost per unit $ 12.00 20.90 35.15 $ 68.05 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. Overhead Budget (75% Capacity) < Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 aces Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs. $527,250 25,000 70,000 16,000 281,250 392,250 my nts eBook Print References The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (46,000 pounds @ $4.10 per pound) Direct labor (20,000 hours @ $11.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery. Taxes and insurance Supervisory salaries Total costs $ 41,250 176,700 17,250 34,500 25,000 94,500 14,400 281,250 $ 188,600 224,000 684, 850 $ 1,097,450 Part 4 of 4 3 points 4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Expected production volume Production level achieved ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 eBook Volume Variance Flexible Budget Actual Results Variances Favorable/Unfavorable Print Variable overhead costs References 17 Required information Part 4 of 4 Fixed overhead costs 3 points eflook Total overhead costs Prim Volume Variance References Volume variance Total overhead variance + $ 0